Crypto
Crypto asset management giant Grayscale just filed paperwork with the US Securities and Exchange Commission (SEC) to create a new Ether (ETH) Futures Exchange Traded Fund (ETF), as per a report by the Wall Street Journal.Grayscale filed for the ETF under the Securities Act of 1933, having also previously filed…
Japan’s largest investment bank, Nomura, unveiled its Bitcoin Adoption Fund through its crypto subsidiary, Laser Digital.On September 19, Nomura’s subsidiary, Laser Digital announced it would use Koimanu, an entity established in 2018 by Nomura, Ledger, and Coinshares, to custody the fund’s assets.The primary goal of this initiative is to create…
One week after leading GambleFi project Rollbit (RLB) launched its European expansion campaign with SSC Napoli, price action has taken a tumultuous turn for the worst as RLB tumbles -10% overnight, leaving some asking ‘is Rollbit coin going to zero’?The major sporting partnership with the Serie A team fuelled huge…
Shenzhen, China, is readying a new digital yuan giveaway as the city looks to showcase the CBDC at a range of upcoming sporting events.Per Shanghai Securities News, the city is set to hand out e-CNY tokens to some 50,000 citizens as part of its latest adoption drive.The coins will be…
In a recent development in the ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Binance.US, a U.S. judge has declined the SEC’s immediate request for access to Binance.US’s software and other documentation. The hearing, held on September 18, addressed the SEC’s motion to compel Binance to…
On Sept. 18, Malta’s Financial Services Authority (MFSA) initiated a public consultation to harmonize its crypto regulations with Europe’s Markets in Crypto-Assets (MICA) regulations, slated to become effective in December 2024.On Monday, Malta’s Financial Services Authority (MFSA) initiated a public consultation on proposed changes to its regulatory framework for crypto…
In a new development today, the U.S. Securities and Exchange Commission (SEC) has asked a court to dismiss the objections raised by Binance US regarding the regulator’s recent legal motion. According to CoinDesk, the SEC claimed that an audit of Binance US revealed difficulties in confirming that the company was fully…
Anticipation of a pause in interest rate hikes, spurred by the upcoming Federal Open Market Committee (FOMC) meeting on September 20, stimulated a marked increase in Bitcoin prices earlier today.Bitcoin rose over 3.4% to hit a September high above $27,400 after a stagnant weekend where it held the key $26,000…
The Russian Central Bank says that its CBDC, the digital ruble, “has nothing to do with” state efforts to collect biometric data.The bank began piloting its CBDC just over a month ago in 11 cities nationwide.Russian MPs last year voted in a law that allows banks and state agencies to…
Chainlink (LINK), the cryptocurrency that powers Chainlink’s blockchain interoperability network, surged 8% on Monday, outperforming the vast majority of the broader crypto market.LINK was last trading in the $6.60s per token, having failed to muster a lasting break above its 200DMA at $6.70, though having managed to break cleanly to…